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Will enjoy 7-8% profitability on order received, says McNally Bharat

In an interview to CNBC-TV18, Srinivash Singh, MD of McNally Bharat Engineering said that the order received is to build solar plant for Andhra Pradesh Power Generation Company.

March 16, 2017 / 14:48 IST

Mcnally Bharat Engineering buzzing in trade on the back of its big order win in Andhra Pradesh.

In an interview to CNBC-TV18, Srinivash Singh, MD of McNally Bharat Engineering said that the order received is to build solar plant for Andhra Pradesh Power Generation Company.

He said that the timeline for completion of order is 15 months. However, will enjoy 7-8 percent profitability on the order, said Singh.

McNally Bharat's objective is to turn around in next one-two years.

For entire interview, watch accompanying video.

first published: Mar 15, 2017 01:55 pm

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